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Feb 21, 2013
02/13
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japan pre minister iseaving r washington on thursday for talks with u.s. president barack obama. ahead of the bilateral meeting a top u.s. trade official made comments on the free trade deal. this is a topic that abe has placed at the top of the agenda. u.s. trade representative ron kikr says japan should be willing to negotiate all items to join talks on the tpp. his remarks came at an interview with reuters news agency. kirk says the u.s. and other tpp participants have never allowed any country to have certain countries or products protected before talks began. abe is looking for some assurances from obama. were seeing tokyo stocks down .4 of a%. i'll leave you with a check at markets. >>> investigators in algeria have been collecting evidence and building a case as they probe a deadly hostage siege at a gas plant. islamic militants stormed the facility and took hundreds of workers hostage. at least 39 people, including ten japanese, were killed. nhk has learned more about the group responsible. we've obtained video showing the militants training in neighboring mali and issuin
japan pre minister iseaving r washington on thursday for talks with u.s. president barack obama. ahead of the bilateral meeting a top u.s. trade official made comments on the free trade deal. this is a topic that abe has placed at the top of the agenda. u.s. trade representative ron kikr says japan should be willing to negotiate all items to join talks on the tpp. his remarks came at an interview with reuters news agency. kirk says the u.s. and other tpp participants have never allowed any...
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Feb 20, 2013
02/13
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KQED
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in the past few weeks, cyber hacking has been all over the headlines, and today the obama administration about how to combat foreign theft of trade secrets. eric holder announced a plan in washington, and it comes on the heels of a report by an american securities firm pointing the finger at china. i am joined by tom, who was a member of the commission on cyber security. the administration tiptoed over whether china was responsible for these cyber attacks. >> i think they are signaling to the rest of the world but we are more willing to not only publicly embarrass those regimes but the use hard and soft power. >> what did you say could be done to protect u.s. computer systems? >> we recommend a number of things, first to modernize authority for criminal penalties as well as to regulate statutes, to improve the way they protect data. many have taken a lackadaisical approach to securing them, over relying on things to protect themselves. >> are those vulnerable? >> every system is vulnerable. they said there are those of us who know they have been hit and those who do not know. there are o
in the past few weeks, cyber hacking has been all over the headlines, and today the obama administration about how to combat foreign theft of trade secrets. eric holder announced a plan in washington, and it comes on the heels of a report by an american securities firm pointing the finger at china. i am joined by tom, who was a member of the commission on cyber security. the administration tiptoed over whether china was responsible for these cyber attacks. >> i think they are signaling to...
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Feb 21, 2013
02/13
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for talks with president barack obama. that meeting will take place tomorrow. for more on how markets are trading ahead of that, let's get out to li sixuan. >> take a look at the damage report behind me. you can see how the fed minutes spooked investors here in asia. the nikkei slipped 1.4% from its 52-month high while investors remained cautious ahead of the decision on the next boj governor. construction equipment makers were down after caterpillar reported slowing sales for the quarter ending in january. but battery maker gs yuasa is up 8% over hopes of a long-term fix for battery problems. >>> and yesterday's rebound in china was all but forgotten. the shanghai composite down 3% today after being slapped by tightening fears. commodity players raised the possibility of a qe exit. developers and cementmakers lost ground on news that beijing will press ahead with measures to cool housing prices. shares in hong kong lost 1.7% today weighed down by resources, developers and financials. china's top retailer bel international
for talks with president barack obama. that meeting will take place tomorrow. for more on how markets are trading ahead of that, let's get out to li sixuan. >> take a look at the damage report behind me. you can see how the fed minutes spooked investors here in asia. the nikkei slipped 1.4% from its 52-month high while investors remained cautious ahead of the decision on the next boj governor. construction equipment makers were down after caterpillar reported slowing sales for the quarter...
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Feb 20, 2013
02/13
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nbc's danielle leigh is live in washington with the details. danielle, good morning. what are we expecting to hear from the white house this morning? >> reporter: mara, good morning, the white house will come out with a report detailing new aggressive steps to protect u.s. trade secrets against cyber attacks. that could include fines, penalties and other trade action. 140 companies were tar feted. this kind of attack is something the department of defense and white house has been concerned about for quite some time. the china government is denying being involved in any sort of attack. >> joe biden is offering up best advice on how to defend yourself with a firearm. joe biden talked about gun roll efforts, including the size of ammunition clips and other proposals. during that chat biden said the best thing for texas is a shotgun. >> put that double-barrel shotgun and fire two blasts outside the house. i promise you, whoever is coming in is not going to -- you don't need an ar-15. it's harder to aim. it's harder to use. and in fact, you don't need 30 rounds to protect
nbc's danielle leigh is live in washington with the details. danielle, good morning. what are we expecting to hear from the white house this morning? >> reporter: mara, good morning, the white house will come out with a report detailing new aggressive steps to protect u.s. trade secrets against cyber attacks. that could include fines, penalties and other trade action. 140 companies were tar feted. this kind of attack is something the department of defense and white house has been...
WHUT (Howard University Television)
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Feb 21, 2013
02/13
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WHUT
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president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to obama about the u.s.-led negotiations for the transpacific partnership. nations that joined the discussions for the free trade agreement are supposed to in principle eliminate all tariffs, but abe doesn't want to abide by the precondition. abe and obama are expected to share ideas on what to do about north korea. scientists in the country last week carried out their third nuclear test. they are agreed to push for a nuclear resolution imposing new sanctions on pyongyang. >>> government officials say the prime minister will tell the president that he will implement a
president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to...
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Feb 20, 2013
02/13
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WBAL
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nbc's danielle leigh is live in washington with the details. danielle, good morning. what are we expecting to hear from the white house this morning? >> reporter: mara, good morning, the white house is pretty tight lipped about the specifics but what we do know they're releasing a more detailed report today to detail the aggressive step this can take to combat his cyberhacking. this is something we've been hearing from the white house and defense secretary leon panetta that they're concerned about. and reports that the chinese military is behind hacking efforts. targeting the infrastructure, a concerning revelation. >> and turning now to the budget battle there in washington, we're just days away from those looming across the board spending cuts, what's the latest on the administration to avoid the sequestration? >> reporter: well, experts believe that we will actually hit the sequester. that the cuts will take effect for a short period of time. the pentagon is going with congress to say that they are likely go to furlough more than 700,000 employees if these cuts wer
nbc's danielle leigh is live in washington with the details. danielle, good morning. what are we expecting to hear from the white house this morning? >> reporter: mara, good morning, the white house is pretty tight lipped about the specifics but what we do know they're releasing a more detailed report today to detail the aggressive step this can take to combat his cyberhacking. this is something we've been hearing from the white house and defense secretary leon panetta that they're...
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Feb 24, 2013
02/13
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in a "washington post" op-ed, bob woodward claims it came directly from the white house, writing, "obama personally approved the plan." white house officials have argued that the majority of house republicans voted to approve the sequester. as for furloughs, government officials say the majority of them won't take effect for about a month. lester? >> kristen, thank you. for more on how all this is playing out we're joined by cnbc's chief washington correspondent john harwood. if we get to friday, they don't make a deal, do these cuts all play out at once or do they transpire over a series of weeks or months? >> they'll play out for a while, maybe not for a long while. even though both parties seem willing to let the sequester go into effect there's a lot not to like for both sides. if we see the effects like longer air travel delays you're going to see increasing pressure from their constituents to negotiate some sort of alternative. >> for the last couple of years we've heard about the so-called grand bargain. is that just a dream or is it something we could see happen to solve all this
in a "washington post" op-ed, bob woodward claims it came directly from the white house, writing, "obama personally approved the plan." white house officials have argued that the majority of house republicans voted to approve the sequester. as for furloughs, government officials say the majority of them won't take effect for about a month. lester? >> kristen, thank you. for more on how all this is playing out we're joined by cnbc's chief washington correspondent john...
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Feb 21, 2013
02/13
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FBC
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you close down the washington monument immediately. barack obama is reading of the script. that's in the context of the budget. the cbo says this year it will be 85 chilean. it will be 42. gerri: i want to ask you about that. gerri: according to your reporting what the cbo that it will actually be half of the 85 billion, less than that. why? >> i think it just takes time for government to do everything. if you order them to do 85 billion they will get half of it done. so they say about 44 billion. that is one-half percent of the federal budget. so, look, this -- the whole sequester, it's stupid, was designed in a way to the crude and unpalatable to both sides. obviously a smarter way to do this. what both sides do is to sit down and give the administration more flexibility or figure out how to shifted around in accounts, but there is no reason that we cannot -- [talking over each other] gerri: absolutely not. just to show you some numbers. we're talking about, 85 billion, were they to get that much stuff , have a percent. this is nothing, the menace. we should mention here
you close down the washington monument immediately. barack obama is reading of the script. that's in the context of the budget. the cbo says this year it will be 85 chilean. it will be 42. gerri: i want to ask you about that. gerri: according to your reporting what the cbo that it will actually be half of the 85 billion, less than that. why? >> i think it just takes time for government to do everything. if you order them to do 85 billion they will get half of it done. so they say about 44...
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in his state of the union speech washington recognizes the urgency. well reward schools to develop new partnerships with colleges and employers and create classes that focus on science technology engineering and math the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the world immigrants helped start prominent american tech companies like google yahoo intel lent instagram to the u.s. can still count on a steady inflow of talents from around the globe no doubt about that but experts say it does not alleviate the urgency of growing talents at home considering how much poor math results can cost the country in the future in washington i'm going to check out. a quick look at some other world news for you now in pakistan militants disguised as policemen have attacked the office of the top of the station in killing five people on sunday after protests across pakistan demanded more security for the shia minority follo
in his state of the union speech washington recognizes the urgency. well reward schools to develop new partnerships with colleges and employers and create classes that focus on science technology engineering and math the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the world immigrants helped start prominent american tech companies like google yahoo...
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Feb 17, 2013
02/13
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, served in washington only two years. i was a very enthusiastic supporter of obama and remain but we new national security could be a problem. and appointed as secretary of state and secretary of defense and a retired marine general for domestic reasons and he lasted one year and putting in leon panetta and know he is your neighbor in california but captured by the mentality of the cia. this was an extremely weak national security team. obama also was ruled by the military that is how you got the surge of forces. i think he realizes he was had and that is important and why i am optimistic about the second term this is a wiser man with foreign policy but he has ended the war in iraq meandering to ending the war in afghanistan and allowing the pentagon with the motor skills of a dinosaur such as a timetable for withdrawal all obama has to do i look at the gorbachev experience, and came in 1985, gave a secret speech 1986 faugh denouncing afghanistan, had told shultz we are getting out with one year to turn around and then an
, served in washington only two years. i was a very enthusiastic supporter of obama and remain but we new national security could be a problem. and appointed as secretary of state and secretary of defense and a retired marine general for domestic reasons and he lasted one year and putting in leon panetta and know he is your neighbor in california but captured by the mentality of the cia. this was an extremely weak national security team. obama also was ruled by the military that is how you got...
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Feb 22, 2013
02/13
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abe goes to washington. the japanese prime minister has arrived stateside ahead of a meeting with u.s. president barack obama later today. abe is looking for u.s. backing with japan's diplomatic disputes with china. meanwhile, abe wants to clarify the terms of entry into a trans-pacific trade pack and win america's blessing for his aggressive economic stimulus. >>> mauri taylor is standing by comments calling french workers lazy and overpaid. speaking to our colleagues on u.s. closing bell last night, he defended his decision to write a letter to the u.s. government refuse to go buy a tire company on the verge of collapse. >> the minister was trying to use us as a billy club, figuring that most ceos will not say anything. they just keep quiet. b but, you know, he picked the wrong guy and i'm going to tell him what it is. what i said was true. and they admitted it. they laughed about it, okay. and that's where this union president, this michael -- i call him spike because he's got his hair all up. they're dev
abe goes to washington. the japanese prime minister has arrived stateside ahead of a meeting with u.s. president barack obama later today. abe is looking for u.s. backing with japan's diplomatic disputes with china. meanwhile, abe wants to clarify the terms of entry into a trans-pacific trade pack and win america's blessing for his aggressive economic stimulus. >>> mauri taylor is standing by comments calling french workers lazy and overpaid. speaking to our colleagues on u.s. closing...
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Feb 16, 2013
02/13
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FOXNEWS
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nixon, bush, obama, they're war criminals. >> juan: joining us now from washington, d.c., co-founder of code pink, an antiwar group that disrupted the senate hearings over c.i.a. nominee john brennan. a war criminal? really? >> i think we have to acknowledge that there are the killing of thousands of people, hundreds of them children that this drone policy is terrorizing entire populations. i was recently in pakistan and saw what it's like for people to be living under drones 24 hours a day and the fear that instills in people and that this has become the best recruiting tool for extremist organizations and is making us less safe here at home. so i think it's important to speak out and call for a change in the policy. >> slow down. wait a second. how is it making us less safe at home to kill people who want to kill us? to kill terrorists? >> we can only identify 2% of the thousands of people we've killed, juan. every time we kill innocent people, we are creating new recruits for al-qaeda. people have told us that in pakistan, they've told us that in yemen. they said every time a dron
nixon, bush, obama, they're war criminals. >> juan: joining us now from washington, d.c., co-founder of code pink, an antiwar group that disrupted the senate hearings over c.i.a. nominee john brennan. a war criminal? really? >> i think we have to acknowledge that there are the killing of thousands of people, hundreds of them children that this drone policy is terrorizing entire populations. i was recently in pakistan and saw what it's like for people to be living under drones 24...
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and reporting my name is to obama say. they have since it. has been brought to a standstill by mass protests initiated by football fans several thousand activists blocked access to the local railway and port and forced fractures to shut down there's a follows a wave of unrest in general sparked by the death sentences given to twenty one football fans they were found guilty of inciting last year's riots that left more than seventy people did has the latest from cairo. the ultra hardcore football fans who call these that disobedience house said they will escalate in the next few days if their demands a not match the story about three thousand people come to the streets of poor saeed basically showing anger against the president and the authorities they reportedly surrounded the governor's building they managed to actually get government employees on the science they stopped the harbor from working and even went to the telecom buildings this however was not just the ultras the hardcore football fans who were involved other se
and reporting my name is to obama say. they have since it. has been brought to a standstill by mass protests initiated by football fans several thousand activists blocked access to the local railway and port and forced fractures to shut down there's a follows a wave of unrest in general sparked by the death sentences given to twenty one football fans they were found guilty of inciting last year's riots that left more than seventy people did has the latest from cairo. the ultra hardcore football...
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in his state of the union speech washington recognizes the urgency when. reward schools that develop new partnerships with colleges and employers and create classes that focus on science technology engineering and math the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the walt.
in his state of the union speech washington recognizes the urgency when. reward schools that develop new partnerships with colleges and employers and create classes that focus on science technology engineering and math the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the walt.
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it is there and it's strong judging by the initiatives put forward by president obama in his state of the union speech washington recognizes the urgency will reward schools to develop new partnerships with colleges and employers and create classes that focus on science technology engineering and. the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the world immigrants helped start prominent american tech companies like google yahoo intel and instagram the u.s. can still count on the steady inflow of tolerance for more on the globe no doubt about that but experts say it does not alleviate the urgency of growing talents at home considering how much poor math results can cost the country in the future in washington i'm going to check out she could face the death penalty in her native afghanistan for converting from islam to christianity a young girl has been allowed to stay dry share as a refugee after she was just owned by have family for changing
it is there and it's strong judging by the initiatives put forward by president obama in his state of the union speech washington recognizes the urgency will reward schools to develop new partnerships with colleges and employers and create classes that focus on science technology engineering and. the skills today's employers are looking for to fill the jobs that are there right now and will be there in the future for decades the u.s. has been a magnet for scientific genius from all over the...
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Feb 22, 2013
02/13
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CNBC
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let's bring in john harwood in washington. john, this is part after constant drum beat from the white house and his team, obama's team that if we go through the sequester, it is bad, bad, bad. >> exactly right, simon. who what the white house is doing is a steady application of pressure on republicans in congress hoping this he will accept ultimately tax increases as part of a budget deal. ray whlahood, former republicanf congress, walked into the briefing room and said you may not see the effects immediately but they will be very real and build over time. here is ray lahood. >> it will ripple across the country. cuts mean preventative maintenance and quick repair of runway equipment may not be possible which could lead to more delays. >> what you heard was a hundred small airport towers could be shut down. control towers because of lack of funding. you will see 90-minute delays. furloughs every week. visitors centers, rest rooms, garbage cans won't be serviced as efficiently as they are now. again, they are trying to build a
let's bring in john harwood in washington. john, this is part after constant drum beat from the white house and his team, obama's team that if we go through the sequester, it is bad, bad, bad. >> exactly right, simon. who what the white house is doing is a steady application of pressure on republicans in congress hoping this he will accept ultimately tax increases as part of a budget deal. ray whlahood, former republicanf congress, walked into the briefing room and said you may not see...
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Feb 21, 2013
02/13
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. >> steve, you hear a lot of politicians in washington saying, well, the health care law is going to take care of that, it's going to control costs and we're going to finally see that. >> obama care does nothing to control costs. what obama care does is shifts sort of the burden of who pays for insurance. if anything, it's going to cost more because you're putting more of these people into the market because they're going to have insurance, but it's going to raise insurance rates and then the government is going to subsidize insurance for people who can't afford it, but obama care does nothing to take a $13,000 cancer wonder drug which in europe would sell for $2,000, it does nothing about that. >> steven brill is a "time" contributor. this is an absolutely stunning article, a must read for anybody who has ever visited even the emergency room for tripping and falling and bumping their head. thank you for talking with us about it. we appreciate it. >> thanks for having me. >>> still ahead on "starting point" the war on childhood obesity, is it easing up? there's a new federal report o
. >> steve, you hear a lot of politicians in washington saying, well, the health care law is going to take care of that, it's going to control costs and we're going to finally see that. >> obama care does nothing to control costs. what obama care does is shifts sort of the burden of who pays for insurance. if anything, it's going to cost more because you're putting more of these people into the market because they're going to have insurance, but it's going to raise insurance rates...
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Feb 22, 2013
02/13
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MSNBC
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this is all about showing once again they're willing to fight obama? >> that's a component of it. i think zachary's exactly right. you also didn't see the markets freak out over the fiscal cliff because we've sort of stopped believing the crying wolf of washington politicians and a sense of what -- if you look at the fiscal cliff eastbound if there were some deal being worked out which there isn't that boehner would have a hard time getting the votes for anything. barely got the votes for a sort of symbolic sequester replacement plan around the time of the fiscal cliff deal and so i think that especially having in their perception caved on the fiscal cliff and then having put off the debt ceiling, the republicans really feel like this is something they have to stand their ground on. >> chris, karl rove superpac has an ad out of bom's mess. let me play it and get your reaction to this. >> a bad idea. are you willing to see a bunch of first responders lose their job. teachers laid off. air traffic controllers and airport security. this is hardship on a lot of people. scene zone your
this is all about showing once again they're willing to fight obama? >> that's a component of it. i think zachary's exactly right. you also didn't see the markets freak out over the fiscal cliff because we've sort of stopped believing the crying wolf of washington politicians and a sense of what -- if you look at the fiscal cliff eastbound if there were some deal being worked out which there isn't that boehner would have a hard time getting the votes for anything. barely got the votes for...
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Feb 23, 2013
02/13
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the move is not unexpected, but peter doocy is following that for us, live in washington. hi, peter. >> reporter: hi, jamie, and in that brief filed yesterday the solicitor general makes crystal clear, the obama administration thinks that the defensive marriage act, law passed in 1996, quote. denies to tens of thousands of same sex couples legally married under state law, an arare of important federal benefits that are available to legally married opposite sex couples, and jamie, this represents part of a broader shift toward insuring gay rights. and president obama made sure everybody knows they're an important part. >> our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. >> a little more than a month into his second term, president obama's administration has a little less than a week to file a friend of the court brief against proposition 8, which was a gay marriage and banning balloting initiative approved by colorado voters in 2008 only to be overturned by the california supreme court. leaders aren't sure how influe
the move is not unexpected, but peter doocy is following that for us, live in washington. hi, peter. >> reporter: hi, jamie, and in that brief filed yesterday the solicitor general makes crystal clear, the obama administration thinks that the defensive marriage act, law passed in 1996, quote. denies to tens of thousands of same sex couples legally married under state law, an arare of important federal benefits that are available to legally married opposite sex couples, and jamie, this...
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Feb 22, 2013
02/13
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"outfront" tonight, hurting the poor because washington has no courage. again today, all we heard was blame when it comes to the forced spending cuts to take effect in eight days. president obama made some talk radio appearances. >> whether or not we can move republicans at this point to do the right thing is what we're still trying to gauge. >> now, he's called the cuts severe and brutal. house speaker john boehner, guess what, completely agrees with that. he's called them deep and dangerous, but they're not doing anything about it. here's the thing about the cuts. they're going to hurt some people that nobody wants to hurt. people already in pain, more than 4 million homebound and disabled seniors may have to go without dinner this year because of cuts to meals on wheels programs in the forced cuts. 70,000 children from lower income families will not be able to enroll in preschools and day care centers because of the forced spending cuts. the owners of about 10,000 homes and small businesses destroyed by hurricane sandy won't get the money needed for re
"outfront" tonight, hurting the poor because washington has no courage. again today, all we heard was blame when it comes to the forced spending cuts to take effect in eight days. president obama made some talk radio appearances. >> whether or not we can move republicans at this point to do the right thing is what we're still trying to gauge. >> now, he's called the cuts severe and brutal. house speaker john boehner, guess what, completely agrees with that. he's called...
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Feb 23, 2013
02/13
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arthel. >> molly henneberg live from washington. thanks. >> as the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt strategy is failing to deliver, britain now joining the u.s. and france in having lost its triple a rating from at least one major agency. >>> serious new concerns out of iran asment country's powerful revolutionary guard begins new military exercises, at the same time iranian scientists announcing plans to build at least a dozen more nuclear power plants. conner powell has more from our middle east bureau. >> iran announced it found a new large uranium deposit which if true, would triple the size of their known supply. under the current sanctioned regime, iran is not allowed to
arthel. >> molly henneberg live from washington. thanks. >> as the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt...
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Feb 20, 2013
02/13
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-- >> bowles-simpson or in washington today. this is 40 minutes. >> all of you following us on twitter, happy to have you here for the simpson-bowles playbook breakfast, appearing together, senator alan simpson and former house chief of staff erskine bowles. before we welcome them, i would like to say thank you to the bank of america for their partnership. the politico playbook breakfast is grateful for these are conversations here. on twitter, playbook breakfast, and i have a question up here. i will be taking your questions here. we would like to welcome senator simpson and mr. bowles. good morning and welcome to playbook breakfast. [applause] >> that is it. mr. bowles, you have soup on your tie. why is that? >> on behalf of america, for the people, by the people. everybody wants to know how you can entertain the fact that you want to cut medicaid and social security. [indiscernible] we would not have to have this conversation. tax refunds. pay your fair share taxes. a your fair taxes. america wants to know. pay your fair taxe
-- >> bowles-simpson or in washington today. this is 40 minutes. >> all of you following us on twitter, happy to have you here for the simpson-bowles playbook breakfast, appearing together, senator alan simpson and former house chief of staff erskine bowles. before we welcome them, i would like to say thank you to the bank of america for their partnership. the politico playbook breakfast is grateful for these are conversations here. on twitter, playbook breakfast, and i have a...
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prime minister ship zoe abe will leave for washington this thursday to meet president obama and will return to japan on sunday. abe will likely pick the possible candidate after returning to japan. abe's pushing for aggressive monetary easing. he will bick a nominee who supports his vision to achieve the 2% inflation target. the leading candidates for the boj governor include toshiro muto. a another prominent county is haruhiko kuroda. the asian development bank's president for a 2% inflation target and was a top currency diplomate in the late 1990s. kazamata iowata is a strong candidate. he's an advocate of more quantitative easing. the current boj chief will step down on march 19th. back to you, kelly. >> let's get a view on this from michael plasnik. so where does the yen go from here? >> i think it's important to take into context the comments made by abe and aso. you have to reverse engineer the situation. they're not going to be able to hit a 2% inflation without a significant yen weakness. so they need the yen to weaken about 40%, auto% in order to get 4% inflation over a two-
prime minister ship zoe abe will leave for washington this thursday to meet president obama and will return to japan on sunday. abe will likely pick the possible candidate after returning to japan. abe's pushing for aggressive monetary easing. he will bick a nominee who supports his vision to achieve the 2% inflation target. the leading candidates for the boj governor include toshiro muto. a another prominent county is haruhiko kuroda. the asian development bank's president for a 2% inflation...